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The last year of Clinton, 2000, ended in a recession. The declining economy throughout 2001 pushed Bush to support a tax cut. The result of which was a steady increase in the rate of growth for the next 4 years.Then the economy leveled out until the CRA policy, a leftover from the Clinton years, pushing banks to make subprime loans, finely caused the crash many had expected for years.Point: Tax cuts worked. They always do.
The last year of Clinton, 2000, ended in a recession. The declining economy throughout 2001 pushed Bush to support a tax cut. The result of which was a steady increase in the rate of growth for the next 4 years.
Then the economy leveled out until the CRA policy, a leftover from the Clinton years, pushing banks to make subprime loans, finely caused the crash many had expected for years.
Point: Tax cuts worked. They always do.
